Nelson Maina
Status: Paying Back
| $975.00 | Loan Amount |
|---|
90% repaid
About the Entrepreneur
| Name: | Nelson Maina |
|---|---|
| Location: | Naivasha, Kenya |
| Activity: | Motorcycle Transport |
About the Loan
| Loan Amount: | $975.00 |
|---|---|
| Loan Use: | To buy a motorbike |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 29, 2009 |
| Date Disbursed: | Sep 25, 2009 |
| Date Funded: | Sep 29, 2009 |
About the Field Partner
About the Field Partner
About the Country
| Country: | Kenya |
|---|---|
| Avg Annual Income: | $1,445.00 |
| Currency: | Kenya Shillings (KES) |
| Exchange Rate: | 74.7500 KES = 1 USD |
Nelson Maina has been transporting his clients through the famous bodaboda transport around Naivasha town for the last two years. Bodaboda is where one uses his bicycle for transporting people around a town. The bicycle is fitted with a tailor-made seat where clients sit and the bike rider cycles them to their intended destination. Nelson is 22 years old and still single.
Nelson was introduced to KADET by his friend. He has applied for a loan which he wants to use to buy a motorbike and upgrade from the bicycle that he uses.
In the near future, Nelson hopes to own a pick-up truck which he will use to move people’s goods to and from the main market in Naivasha town.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients by providing financial services to improve the living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke
Nelson was introduced to KADET by his friend. He has applied for a loan which he wants to use to buy a motorbike and upgrade from the bicycle that he uses.
In the near future, Nelson hopes to own a pick-up truck which he will use to move people’s goods to and from the main market in Naivasha town.
About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients by providing financial services to improve the living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke
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Journal entries for Nelson Maina
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Loan has been disbursed
Location: Naivasha, Kenya
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Posted by
from Naivasha, Kenya
Sep 30, 2009 |
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Comment on this entry
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Repayment Schedule for Nelson Maina
Repayment Schedule for Nelson Maina
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $0.00 | $877.82 | |||
| January 2010 | $81.25 | Available Jan 1 |  Repayment Received
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| February 2010 | $81.25 | Available Feb 1 | Repayment Received
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| March 2010 | $81.25 | Available Mar 1 | Repayment Received
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| April 2010 | $81.25 | Available Apr 1 | Repayment Received
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| May 2010 | $81.25 | Available May 1 | Repayment Received
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| June 2010 | $81.25 | Available Jun 1 | Repayment Received
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| July 2010 | $81.25 | Available Jul 1 | Repayment Received
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| August 2010 | $81.25 | Available Aug 1 | Repayment Received
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| September 2010 | $81.25 | Available Sep 1 | Repayment Received
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| October 2010 | $81.25 | Available Oct 1 | Repayment Received
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| November 2010 | $81.25 | Available Nov 1 | |||
| December 2010 | $81.25 | Available Dec 1 | |||
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